Bank of China provides USD 15 million loan to Monte Alegre Agricola Ltda.

$15M USD

Funder	Bank of China (BOC)
Recipient Organization	Monte Alegre Agrícola Ltda.
Country	Brazil
Start Date	Apr 01, 2018
End Date	Aug 13, 2028
Duration	3,787 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60436`

Grant Description

In April 2018, Bank of China (BOC) provided a USD 15 million loan to Monte Alegre Agricola Ltda., a Brazil-based agricultural production company. The loan's borrowing terms and purpose are unclear. The Brazil Central Bank lists the loan registration (ID TA817218) as cancelled.

📚 Sources & References

BrazilCentralBank_September102018 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.